Building on their 15 year relationship, the Discount Tire CarCareONESM
Card is Available Through more than 800 Locations Nationwide

March 26, 2012 08:03 AM Eastern Time

STAMFORD, Conn. & SCOTTSDALE, Ariz.--(EON: Enhanced Online News)--GE Capital Retail Bank has announced a multi-year renewal to continue
providing financing for customers of Discount Tire, the nation’s leading
independent tire retailer. GE Capital’s Retail Finance business, the
operating entity that provides financial solutions to retailers and
dealers to help grow their customer sales, will continue to manage the
Discount Tire relationship and service the account.

“Be fair, be truthful, work hard, be there on time, and help
people.”

The Discount Tire CarCareONE credit card program, which began in 1997,
provides customers with convenient payment options and benefits for
their full-service tire replacement, wheel, and maintenance and repair
purchases at any of the company’s more than 800 stores and online at discountire.com
or tires.com.
Cardholders* can qualify for rebates, promotional financing terms,
exclusive savings, e-bill and e-payment, and other options.

“The CarCareONE financing program is an essential tool for supporting
our growth initiatives and an important part of our service offering,
giving customers payment options that enable them to budget for planned
and unplanned auto care,” said Christian Roe, chief financial officer of
finance for Discount Tire. “GE Capital understands the needs of our
customers and our business as we continue to evolve.”

Established in 1960 and headquartered in Scottsdale, Ariz., Discount
Tire operates more than 800 stores in 23 states and offers one of the
largest selections of leading brand tires and wheels, as well as full
service tire service and repair. Over the past half century, Discount
Tire has grown to become the world's largest independent tire and wheel
retailer today.

“For more than 15 years, we’ve enjoyed working with Discount Tire to
build their business and provide their customers with convenient payment
options,” said Mike Mattevi, vice president of sales, automotive
industry, for GE Capital’s Retail Finance business. “We’re pleased to
extend our relationship and continue supporting Discount Tire’s customer
service and satisfaction guarantee.”

For more than 75 years, GE Capital’s Retail Finance business has
provided billions of dollars in consumer financing through major
retailers and more than 200,000 small- and mid-sized businesses
throughout the United States. GE Capital is a leading provider of
consumer credit in the automotive industry for more than 30 years. The
company supports its clients with proprietary online technology such as
Business Center, which includes service, marketing and sales tools, as
well as the newly launched Learning Center, providing businesses with
fast and easy access to training tools and resources on how to better
understand and offer financing to consumers.

About Discount Tire

Discount Tire, based in Scottsdale, Arizona, is America's largest
independent tire retailer. Also referred to as America's Tire in Oregon
and some parts of California and Washington, Discount Tire currently
operates over 800 stores in 23 states across the country. Serving more
than 40 million customers, Discount Tire has built its success on the
motto, "Be fair, be truthful, work hard, be there on time, and help
people." At discounttire.com
and tires.com,
customers can research, order and make an appointment for service.

About GE Capital’s Retail Finance business

GE Capital’s Retail Finance business is among the country’s most
successful retail lenders, with more than 75 years of experience in
consumer financing. The business, which originates loans as a unit of GE
Capital Retail Bank, provides customized credit programs to retailers
and consumers in the United States and Canada that help drive sales.
This includes private label and bankcard credit programs to major
national, regional and independent retailers in the U.S., as well as
private label credit programs, promotional and installment lending,
bankcards and financial services for consumers through dealers;
contractors; manufacturers; healthcare practices; and service providers
across nearly 20 industries. More information can be found at www.gogecapital.com
and twitter.com/GoGECapital.

GE Capital is one of the world’s largest providers of credit. For over
one million businesses, large and small, GE Capital provides financing
to purchase, lease and distribute equipment, as well as capital for real
estate and corporate acquisitions, refinancings and restructurings. For
our 100+ million consumer customers, GE Capital offers credit cards,
sales finance programs, home, car and personal loans and credit
insurance. For more information, visit www.gecapital.com
or follow company news via Twitter @GECapital.

GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in
energy, health and home, transportation and finance. Building, powering,
moving and curing the world. Not just imagining. Doing. GE works. For
more information, visit the company's website at www.ge.com.